Tuesday 1 September 2015
 
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Greece

Greek judge appointed caretaker PM ahead of elections

Greece's top Supreme Court judge was sworn in as caretaker prime minister on Thursday to lead the country to elections next month, ending a week of political deadlock after leftist leader Alexis Tsipras resigned.  

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Euro ministers back Greek bailout

Euro zone finance ministers agreed on Friday to lend Greece up to €86 billion ($96 billion) after Greek lawmakers accepted their stiff conditions despite a revolt by supporters of leftist Prime Minister Alexis Tsipras. Assumi

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IMF presses Europe to provide debt relief for Greece

The International Monetary Fund on Thursday pressed Europe to come forward with debt relief for Greece, saying it would only make a decision on providing further financing for Athens after steps are taken to make its debt burden more sustainab

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Greek plans sale of ports, power firms, airports

Greece will move rapidly to privatise its ports, regional airports and its power grid operator under a memorandum of understanding (MOU) agreed with its international lenders. According to the 29-page MOU, a copy of which was obta

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Greece, lenders agree bailout, shares rally

Greece and its international lenders reached an 85 billion euro ($93.6 billion) bailout agreement on Tuesday after nailing down the terms of new loans needed to save the country from financial ruin. The deal, which came after 23 h

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EU approves $2.6bn funding for migration crisis

The European Commission on Monday approved 2.4 billion euros ($2.6 billion) of aid over six years for countries including Greece and Italy that have struggled to cope with a surge in numbers of immigrants. Italy is to receive the

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Greece undeterred by debt crisis as tourists pour in

At London's Heathrow Airport, a traveller to Greece is offered a deal by Aegean Airlines: the flight is booked solid, take a different flight and get €400 ($440) and a free round-trip ticket to anywhere in Europe. Some hours la

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Western Union activates money transfer into Greece

The Western Union Company, a leading global payment services, has activated international remittances into Greece, allowing customers to receive cash payouts in minutes from almost anywhere around the world at select walk-in retail agent locatio

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Greek bailout talks pushed back on logistics

Talks between Greece and its international creditors over a new bailout package will be delayed by a couple of days because of organisational issues, a finance ministry official said on Saturday. The meetings with officials from t

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Security worries delay start of Greece's bailout talks

Talks on tying up a new bailout deal for Greece failed to start on Friday (July 24) as had been expected, with officials blaming security worries for delaying the negotiations with international creditors who are detested by many Greeks.

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